Michael Saylor, Strategy’s executive chairman, said the results of the 2026 U.S. midterm elections show that interest in government-held Bitcoin reserves now extends beyond partisan divisions. In Florida, Republican Byron Donalds supported the creation of a federal reserve, while Texas Democrat James Talarico voted for a state-level Bitcoin reserve. Their positions add momentum to discussions about bipartisan support for a U.S. Strategic Bitcoin Reserve, created through a 2025 executive order. New legislative sessions in 2027 could revive reserve proposals, but any measure must address public spending, custody, volatility and the management of digital assets. Growing political support may strengthen Bitcoin’s institutional adoption, although it does not guarantee a higher price.
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